What are Bitcoin miners?

Bitcoin miners are people or companies that use specialized computers to solve complex mathematical equations in order to confirm and record Bitcoin transactions on the blockchain. They are rewarded for their work with newly generated Bitcoin and transaction fees. As more Bitcoin are created, the difficulty of mining increases, making it more difficult to successfully mine Bitcoin. Mining is the process that creates new Bitcoin and allows the Bitcoin network to function. By confirming transactions, miners are helping to secure the network and process payments.